NOT LISTED FOR SALE

Estimated Value: $217,702 - $246,000

4 Beds
2 Baths
1,214 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $190,000 $157 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,706/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of July 2022

This property features 2 apartments on the University of Illinois Campus. The 1st-floor apartment features 2 bedrooms, 1 full bath, a large pantry off the kitchen, and a large enclosed front porch. The total square footage is 1274. The upstairs apartment features 2 bedrooms with large walk-in closets, large full bath, and living room space. The exterior was recently painted in May of 2022, new sod in May of 2022. This property includes a 2-car detached garage and laundry in the basement. Both units are rented through August 2023.

Last Agent to Sell the Property

Laura Heiser

The Real Estate Group,Inc License #471022766 Listed on: 05/27/2022

The Real Estate Group,Inc

Last Buyer's Agent

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471

Coldwell Banker R.E. Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1893

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 57.75 x 115.5

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Urbana Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $1,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT PT 12 BUSEYS, JAMES ADD
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 175000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Asbestos Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Urbana Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 57.75 X 115.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 1510
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 4737.88
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 21, 2022
Sold by
Apfelstadt Gary A and Apfelstadt Claudine
Bought by
Azofeifa Oscar and Schcolnik Ana Connor
Seller's Agent
Laura Heiser
The Real Estate Group,Inc
Buyer's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
List Price
$175,000
Sold Price
$190,000
Premium/Discount to List
$15,000
8.57%
Current Estimated Value
$230,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,426
Avg. Annual Appreciation
6.25%
Original Mortgage
$142,500
Outstanding Balance
$135,226
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$95,200
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Azofeifa Oscar $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azofeifa Oscar $142,500
Previous Owner Hanson Claudine J $50,000
Previous Owner Apfelstadt Gary A $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $190,000 +8.6% $157 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $175,000 +40.0% $144 / Sq Ft
06/16/2014 06/16/14 Sold $125,000 -3.8% $103 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $129,900 -- $107 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,441 $56,060 $23,040 $33,020
2023 $5,441 $51,150 $21,020 $30,130
2022 $5,098 $47,100 $19,360 $27,740
2021 $4,738 $43,890 $18,040 $25,850
2020 $4,583 $42,610 $17,510 $25,100
2019 $4,453 $42,610 $17,510 $25,100
2018 $4,433 $42,910 $17,630 $25,280
2017 $4,586 $42,910 $17,630 $25,280
2016 $4,428 $41,660 $17,120 $24,540
2015 $4,477 $43,120 $17,120 $26,000
2014 $4,416 $41,660 $16,540 $25,120
2013 $4,615 $44,110 $16,880 $27,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11412966

Midwest Real Estate Data (MRED)

APN: 92-21-17-186-001